ARTKOAT AS

3077 SANDE I VESTFOLD

Finances

Share Ownership

Return on Equity

5,83 %

Current Ratio

1,06

Debt-to-Equity Ratio

−1,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	290 000	385 000	225 000	741 000
Net Income	−21 000	−112 000	−275 000	−12 000
Total Assets	173 000	199 000	183 000	226 000
Total Equity	−360 000	−339 000	−228 000	−72 000

Income (NOK)	2022	2021	2020	2019
Revenue	290 000	385 000	225 000	741 000
Expenditure	312 000	497 000	498 000	747 000
Operating Profit	−21 000	−112 000	−273 000	−7 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	2 000	5 000
Financial Balance	1 000	0	−2 000	−5 000
Earnings Before Tax	−21 000	−112 000	−275 000	−12 000
Tax	0	0	0	0
Net Income	−21 000	−112 000	−275 000	−12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	119 000	119 000	119 000	119 000
Total Current Assets	54 000	80 000	64 000	107 000
Total Assets	173 000	199 000	183 000	226 000
Total Retained Equity	−385 000	−486 000	−371 000	−96 000
Total Equity	−360 000	−339 000	−228 000	−72 000
Total Long-Term Debt	482 000	0	0	0
Total Current Debt	51 000	538 000	410 000	298 000
Total Equity and Debt	173 000	199 000	183 000	226 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	290 000	385 000	225 000	741 000
Other Income	0	0	0	0
Revenue	290 000	385 000	225 000	741 000
Cost of Goods Sold	86 000	92 000	72 000	66 000
Salary Costs	82 000	283 000	291 000	504 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	312 000	497 000	498 000	747 000
Operating Profit	−21 000	−112 000	−273 000	−7 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	2 000	5 000
Financial Balance	1 000	0	−2 000	−5 000
Dividends	0	0	0	0
Net Income	−21 000	−112 000	−275 000	−12 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	100 000	100 000	100 000	100 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	19 000	19 000	19 000	19 000
Total Tangible Assets	19 000	19 000	19 000	19 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	119 000	119 000	119 000	119 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 000	44 000	21 000	22 000
Total Current Assets	54 000	80 000	64 000	107 000
Total Assets	173 000	199 000	183 000	226 000
Total Equity	−360 000	−339 000	−228 000	−72 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	482 000	0	0	0
Creditors	15 000	10 000	9 000	137 000
Unpaid Taxes	19 000	60 000	21 000	38 000
Dividends	0	0	0	0
Other Current Debt	17 000	469 000	380 000	123 000
Total Current Debt	51 000	538 000	410 000	298 000
Total Equity and Debt	173 000	199 000	183 000	226 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,83 %	33,04 %	120,61 %	16,67 %
Debt-to-Equity Ratio	−1,34	−0	−0	−0
Operating Profit Margin	−7,24 %	−29,09 %	−121,33 %	−0,94 %
Current Ratio	1,06	0,15	0,16	0,36
Quick Ratio	1,06	0,15	0,16	0,36
Equity Ratio	−2,08	−1,7	−1,25	−0,32
Gross Profit Margin	70,34 %	76,1 %	68 %	91,09 %